BTS/USD --- in the bottoming zone

BTS/USD seems to be close to bottoming, having hit the 50% retrace at 0.22. If price stays below 0.27, then it could also touch the 61.8% retrace at 0.19.

Here is the 2hr chart:

BTSUSD - Primary Analysis - May-12 2303 PM (2 hour).png

and here is a zoomed in 1 hr chart:

BTSUSD - Primary Analysis - May-12 2257 PM (1 hour).png

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Disclaimer: I am blogging these ideas for educational and informational purposes only. Please
consult your financial adviser(s) and do your own due diligence before any trading activity.
This post is not a solicitation to buy or sell anything!

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